'The government's decision to keep interest rates unchanged on small savings schemes will certainly constrain banks' ability to cut deposit rates further.'
Ask rediffGURU Reetika Sharma your insurance, mutual fund and personal finance-related questions.
The answer depends on your financial goals and risk appetite, says Certified Financial Planner Ramalingam Kalirajan, and explains why.
Isn't the goal of retirement planning to create a balanced portfolio that aligns with your financial goals, rather than chasing returns blindly, asks Ramalingam Kalirajan
Ask rediffGURU Reetika Sharma your insurance, mutual fund and personal finance-related questions.
Here's unlocking the real story behind your EPF's 8.25% interest and what it truly means for your retirement kitty.
Ask rediffGURU and PF, MF and insurance expert Purshotam Lal your mutual fund, insurance and personal finance-related questions.
Cross-check key documents, maximise your deductions, avoid errors, and ensure you get your refund smoothly.
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
The fear of losing purchasing power due to inflation and low-interest rates has led many to explore safe alternatives to fixed deposits with high returns
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
ELSS investments require a long-term commitment of at least seven years.
From how to open an NPS Vatsalya account to knowing how this scheme compares to investing in mutual fund or in provident fund, Ramalingam Kalirajan offers a 360-degree view and the pros and cons of investing in a scheme that has the potential to secure your child's financial well-being.
Your choice between the Old and New Tax Regimes should reflect your financial strategy and investment goals, says Ramalingam Kalirajan
'If you invest in a rush at the last moment, you could compromise on selecting the best tax-saving options.'
Equity-focused schemes may perform better in a bull market, while debt-oriented ones may offer greater stability during volatile periods.
Investors must remember that only resident Indians can open a PPF account and a person can have only one PPF account.
The government on Wednesday cut interest rates on small savings schemes, including NSC and PPF, by up to 1.1 per cent for the first quarter of 2021-22 in line with falling fixed deposit rates of banks. Interest rate on Public Provident Fund (PPF) has been reduced by 0.7 per cent to 6.4 per cent while National Savings Certificate (NSC) will now earn 0.9 per cent less at 5.9 per cent. Interest rates for small savings schemes are notified on a quarterly basis. The rates of interest on various small savings schemes for the first quarter of the financial year 2021-22 starting from April 1 has been revised, the finance ministry said in a notification.
Investors with a long-term horizon and high-risk appetite seeking capital appreciation can consider investing in ELSS.
Get Ahead financial planning expert Vetapalem Sridhar advises you on how to look at unit linked insurance plans as an investment.
rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.
The popular Five-Year National Savings Certificates will earn an interest rate of 8.1 per cent from April 1 as against 8.5 per cent, at present.
'Comparing the rates of interest with PSU banks, the three- and five-year time deposit rates of the post office are more favourable.'
Investors need to evaluate how they stack up against other high credit quality fixed-income options before putting money in them.
rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.
The self-employed should invest in the National Pension System, a government-backed, low-cost retirement avenue where they can choose the mix of debt and equity that is right for them.
rediffGURU Vivek Lala answers your income tax and personal finance queries.
Your financial goals are of utmost importance and the tax saving is an added incentive, advises Dwaipayan Bose.
Avoid investing in a new ELSS scheme each year. Stick to one well-chosen scheme to avoid clutter in your portfolio.
Finance Minister Nirmala Sitharaman on Thursday said the government will roll back a steep interest rate cut on small saving schemes such as PPF and NSC -- saying it was an oversight, a move being seen as an attempt by the ruling Bharatiya Janata Party to contain the fallout of a decision hitting the common man in the ongoing elections in West Bengal, Assam and three other states.
Plan these investments well rather than just doing random investments at the beginning of the year or rushing in at the end, advises Harshad Chetanwala, co-founder, MyWealthGrowth.
Investments in Sukanya Samriddhi Account will earn higher interest rate of 9.2%.
The rates of interest on various small savings schemes for the third quarter of financial year 2018-19, starting October 1 and ending on December 31, 2018, has been revised, the finance ministry said while notifying the rates.
Mihir Tanna, Associate Director, S K Patodia & Associates, answers your personal income tax queries.
Nikunj Saraf, Vice President Choice Wealth, will answers your queries.
Even if interest rates go down, they may continue to offer better returns than fixed deposits.
Since April 2016, interest rates of all small saving schemes have been recalibrated on a quarterly basis.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
You can still save money, says Samkit Maniar
Taxpayers can claim a deduction on tuition fees for a maximum of two children.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances